Updated Dec 21, 2023
Kevin Booker, Kurt Rappaport, Anthony Mariotti & Judy Lin Sell Malibu SFR For $17.5M
11658 Ellice St, Malibu, CA, USA
$17,500,000
$1,443/SF
Building Size
12,123 SF
Asset Type
Single Family Residence
Closing
Jul 27, 2021
About this deal
AI
Located in the desirable market of Malibu, the property at 11658 Ellice St. recently underwent a successful sale transaction. This single-family residential (SFR) asset boasts a spacious total area of 12,123 square feet, offering ample space for comfortable living. The property was listed with an asking price of $19,995,000, indicating its prestige and value. Ultimately, the sale closed at a price of $17,500,000, reflecting the negotiations and agreement reached between the parties involved in the deal.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $17,500,000
- Asking Price: $19,995,000
- Square Footage: 12,123
- Price per Square Foot: $1,443
- Address: 11658 Ellice St.
- Market: Malibu
The transaction was facilitated by a team of reputable brokers, including Kurt Rappaport, Kevin Booker, Judy Lin, and Anthony Mariotti from EAHomes. Their expertise and professional representation played a key role in the successful completion of the sale. Their combined efforts ensured a smooth and efficient process, benefitting both the buyer and the seller of the property.
Players
Malibu Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Judy Lin Young to view all their deals.
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93